Richard Duncan and Macro Economics
Money Tree Investing
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What Is Quantitative Easing?
quantitative easing was introduced on a very large scale by fed chairman ben bernonke when the crisis of two thousand eight struck. By buying those government bonds, it pushed up bond prices, and therefore it pushed down interest rates. The lower interest rates helped the economy revive. But also, this process allowed the us. Government to finance its very large budget deficits.
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